4298 W Goodson AveWest Terre HauteIN47885
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in West Terre Haute at 4298 W Goodson Ave, West Terre Haute, IN, 47885 listed at $199,999 pairs $1,801/mo rent with a $979/mo payment to leave $600/mo cash flow. Total monthly income runs $1,801/mo, and annual cash flow reaches $7,204/yr on $66,300 cash to close. Return on cash invested measures 30.77% in year one, and rental yield registers 10.81% at a $199,999 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 160.92% and total cumulative return in cash totals $106,688. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,801/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47885, West Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,723 (100%) |
| Owner Occupied HU | 2,742 (73.7%) |
| Renter Occupied HU | 698 (18.7%) |
| Vacant Housing Units | 283 ( 7.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $191,537 |
Housing Distribution
Address Breakdown
Residential
3,727
Single Family
3,580
Multi-Family
147
Businesses
153
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Listed by: DEENA KOCHVAR • WABASH VALLEY REAL ESTATE PROFESSIONALS
Mls Name: THAAR
Mls ID: #107786